NOT LISTED FOR SALE

5 Greenwood Acres Dr Mills River, NC 28759

Estimated Value: $374,000 - $505,000

3 Beds
2 Baths
1,599 Sq Ft
$263/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $290,000 $181 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,397/month

137 Days on Market

About This Home

As of February 2022

You have to see this great home in a wonderful location in desirable Mills River. Great yard, minutes to lots of Airport Road shopping, but still the feel of the country.

Last Agent to Sell the Property

Barry Garnes

NorthGroup Real Estate LLC License #301471 Listed on: 08/31/2021

NorthGroup Real Estate LLC

Last Buyer's Agent

Eric Bates

NextHome Partners License #325313

NextHome Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,262

Year Built

  • 1977

Lot Details

  • 0.84

Outdoor Features

  • Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,262

Year Built

1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Directions: From I-26 take Airport Rd. exit toward Mills River. Past ingles turn right in S. Mills River left on Greenwood Acres Dr., house on right.
  • New Construction: No
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • Subdivision Name: Greenwood Acres
  • Ratio Current Price By Acre: 345238.10
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Appliances: Electric Cooktop
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 533
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1066
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 533
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 533
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Deck

Exterior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Partially Finished
  • Construction Type: Wood Siding
  • Construction Status: Complete
  • Tax Location: Henderson
  • Construction Type: Site Built

Garage/Parking

  • Parking Features: Basement, Driveway
  • Main Level Garage YN: 0
  • Sq Ft Garage: 0

Utilities

  • Heating: Oil, Oil, Wood Stove
  • Laundry Features: In Basement
  • Sewer: Septic Installed
  • Water Source: Public
  • Water Heater: Electric

Schools

  • Elementary School: Mills River
  • High School: Unspecified
  • Middle Or Junior School: Rugby
  • HOA Subject To: None

Lot Info

  • Zoning Description: MR-MU

Tax Info

  • RATIO List Price By Tax Amount: 1.89241

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Feb 14, 2022
Sold by
Michael Gibbs Jeffrey
Bought by
Stone Ashley
Seller's Agent
Barry Garnes
NorthGroup Real Estate LLC
Buyer's Agent
Eric Bates
NextHome Partners
List Price
$315,000
Sold Price
$290,000
Premium/Discount to List
-$25,000
-7.94%
Current Estimated Value
$420,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,655
Avg. Annual Appreciation
11.42%
Original Mortgage
$281,300
Outstanding Balance
$263,216
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$161,140

Purchase Details

Closed on
Jul 17, 2008
Sold by
Not Provided
Bought by
Gibbs Jeffrey Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.03%
Mortgage Type
Cash
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stone Ashley $290,000 28801 Lancaster Nc
Gibbs Jeffrey Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Ashley $281,300
Previous Owner Gibbs Jeffrey Michael $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $290,000 -3.0% $181 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
01/12/2022 01/12/22 Price Changed $299,000 -5.1% $187 / Sq Ft
01/12/2022 01/12/22 For Sale $315,000 0.0% $197 / Sq Ft
09/23/2021 09/23/21 For Sale $315,000 +8.6% $197 / Sq Ft
09/18/2021 09/18/21 Off Market $290,000 -- --
08/31/2021 08/31/21 For Sale $315,000 -- $197 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,262 $292,700 $107,200 $185,500
2024 $1,262 $292,700 $107,200 $185,500
2023 $1,262 $292,700 $107,200 $185,500
2022 $886 $158,000 $46,600 $111,400
2021 $886 $158,000 $46,600 $111,400
2020 $886 $158,000 $0 $0
2019 $886 $158,000 $0 $0
2018 $735 $130,100 $0 $0
2017 $735 $130,100 $0 $0
2016 $735 $130,100 $0 $0
2015 -- $130,100 $0 $0
2014 -- $127,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3781130

Canopy MLS (Canopy Realtor® Association)

APN: 0800846